Arbeitspapier
Aging in a Neoclassical Theory of Labor Demand
This paper introduces aging of workers into the neoclassical theory of labor demand. Among other things, it is shown that under reasonable hypotheses employment, even of younger workers, increases in the span of working life. Using the standard model without aging, the analysis of such issues has not been possible up to now. The main results derived for constant returns to scale carry over to the qualitatively equivalent steady state of a model with decreasing returns to scale. Thus, constant returns to scale loose much of their special flavor. The implied age-structure of optimum employment turns out to accord well with empirical evidence.
- Sprache
-
Englisch
- Erschienen in
-
Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 112-03
- Klassifikation
-
Wirtschaft
Labor Demand
- Thema
-
Labor Demand
Aging
Adjustment Costs
Arbeitsnachfrage
Altersgruppe
Skalenertrag
Theorie
Alternde Bevölkerung
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Christiaans, Thomas
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Siegen, Fakultät III, Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht
- (wo)
-
Siegen
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Christiaans, Thomas
- Universität Siegen, Fakultät III, Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht
Entstanden
- 2003
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